LIC share price rises 8% post Q4 results, dividend announcement: Should you Buy or Sell the stock?

Stock Market Today: LIC share price rises almost 8% in the morning trades on Wednesday post Q4 results, dividend announcement that were made after the market hours on Tuesday: Should you Buy or Sell the stock?
LIC Q4 Results details
Life Insurance Corporation of India announced the results of its January–March quarter on Tuesday, May 27, 2025. In comparison to ₹13,763 crore in the same quarter last year, the company’s net profit for the fourth quarter of the fiscal year 2024–25 increased by 38% to ₹19,013 crore.
However, India’s largest insurance company’s net premium income (income from core operations) dropped 3 per cent to ₹1,47,586 crore in the fourth quarter of the 2025-26 fiscal year, compared year-on-year (YoY) with ₹1,52,293 crore in the same quarter of the previous financial year.
According to the latest filing, the company’s market share in the insurance industry stood at 57.05 per cent as of Tuesday, 27 May 2025.